These days, having a bank account is seen as essential, where even students and children as young as 12 years old can open their own checking account. Having a bank account enables you to control your spending and saving behaviors. A fantastic habit to form from an early age is saving regularly, which is encouraged by interest, another source of money. Having a bank account is crucial simply because bank accounts are very practical. For instance, if you have a checking account, it is fairly simple to pay by check or use online bill payment.
Additionally, you’ll have bank statements as proof that you paid your expenses, which is less expensive than purchasing a money order. You may simply withdraw money from any ATM or make purchases at stores if you ever acquire a debit card or Automated Teller Machine (ATM) for the account. In most cases, the majority of places that take credit cards also accept debit cards for payment, so opening your own bank account can also make payments easy and hassle-free.
No matter what stage of life you are in, whether you are a student, working professional, housewife, businessperson, or elderly citizen, having a bank account is essential to achieving your goals of financial independence and stability. With that, choosing the right bank to keep your money is difficult nowadays as there are many banks that offer different deals for everyone. Because there are so many banks today, it can often be stressful to inquire and pick the right bank for you to keep your money safe. With that, Citi is currently one of the best banks where you can keep your money. Named one of the biggest international consumer banks, the retail banking division of Citigroup, Inc., has around 200 million client accounts globally.
The beginnings of this massive American financial organization can be seen in New York around 1812. It offers a wide variety of financial services, including personal banking accounts and services provided by Citibank or simply Citi. Basic accounts, private banking, and wealth management choices are just a few of the services that are put together by this company. Nonetheless, Citibank is one of the few banking services out there that is trusted by many. With that, here are some of the reasons why you should choose Citi as your bank:
Citibank offers more than 65,000 fee-free ATMs and has Approximately 4,000 branches in over 40 different countries. It is definitely a deal for those customers who want access to a vast network of free ATMs and a choice of banking products and reside in one of the locations that are qualified for Citi’s high-yield savings and should open an account with CitiBank.
Many Choices for Banking Accounts
Customers looking to open an account may choose from six checking account packages from Citi, each with its own features and costs. Currently, there is a Citi checking account bonus wherein when you open a new Citi Priority Checking Account with our partner Citi and deposit at least $10,000, and you can receive up to $2,000 in cash incentives. If you have a high net worth, you may be eligible for a sizable cash incentive that Citi frequently gives as a way to entice new clients to join an account. Additionally, customers may choose from a wide variety of credit cards from Citibank, the largest credit card provider in the world. Airlines miles, cash back, travel incentives, or the bank’s own ThankYou points can all be earned through credit card transactions.
Safety Against Thieves
Hackers and other cybercriminals are able to access more and more personal information as people’s lives become increasingly digital. Because of this, numerous businesses have fallen victim to assaults intended to steal client information. One of these assaults might allow someone to take your identity if they manage to obtain your personal information or, worse, steal your valuables such as your savings. They are able to use your name to create utility accounts, purchase a phone, or apply for a credit card. Fortunately, if your identity is ever stolen, Citi provides a free identity theft solution that can assist you. With your Citibank Basic Banking Checking Account, the service is free, and you will be connected with a group of Identity Theft Solution Specialists if you need to use the service.